BP Exec Says End Point for Leak Is Relief Well

A BP executive says a relief well is the "end point" of efforts to stop the Gulf oil spill — which suggests there's little chance of plugging the leak until the new well is completed in August.

BP managing director Bob Dudley tells ABC's "This Week" that the current attempt to cap the leaking well would at best minimize the oil flowing into the Gulf of Mexico.

Dudley says the relief well expected to be ready at the end of August "is certainly the end point on this game."